- Tech Charts - https://blog.techcharts.net -


Every week Tech Charts Global Equity Markets report features some of the well-defined, mature classical chart patterns under a lengthy watchlist and the chart pattern breakout signals that took place during that week. Global Equity Markets report covers single stocks from developed, emerging and frontier markets, ETF’s and global equity indices. The report starts with a review section that highlights the important chart developments on global equity benchmarks. This blog post features from the watchlist section Leggett & Platt, Incorporated.


Leggett & Platt, Incorporated is a manufacturer that conceives, designs and produces a range of engineered components and products found in homes, offices and automobiles. The stock is listed on the New York Stock Exchange. Price chart formed a 5 month-long rectangle with the horizontal boundary acting as strong resistance at 45.40 levels. The horizontal boundary was tested several times over the course of the chart pattern. A daily close above 46.70 levels will confirm the breakout from the 5 month-long rectangle with the possible chart pattern price target of 51.00 levels. (Data as of Mar 2, 2021)

Tech Charts Membership

By becoming a Premium Member, you’ll be able to improve your knowledge of the principles of classical charting.

With this knowledge, you can merge them with your investing system. In fact, some investors use my analyses to modify their existing style to invest more efficiently and successfully.

Get Access Now [1]

As a Premium Member of Aksel Kibar’s Tech Charts,

You will receive:

For your convenience your membership auto renews each year.

Get Access Now [1]